After four of the five top mobile phone manufacturers announced their fourth quarter and full year financial reports, there's only one left and this manufacturer shouldn't to be taken for granted. The last one is one of the two "Korean Giants". Samsung is the second largest phone manufacturer on the planet, only behind the "Finnish Giant" - Nokia. So how was their fourth quarter? Nothing short of spectacular. They sold 69 million phones in the fourth quarter that's a 16 percent jump from the same quarter last year. They sold 227 million phones for the whole year, amazing indeed. Mobile division reported revenues of $9.9 billion and an operating profit came in at $852 million. Samsung is surely positioning itself right behind Nokia, with these results they just passed the 20% market share in 2009. All of these are due to the steady growth in numerous regions, as well as the cheap touchscreen phones they have manufactured. All in all, Samsung is going steady and if I were Nokia I'd be biting my fingernails right now. Source link for the full story.
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One interesting tidbit from the financial reports of the top five mobile phone manufacturers, everyone gained positive profit except for Sony Ericsson.
One interesting tidbit from the financial reports of the top five mobile phone manufacturers, everyone gained positive profit except for Sony Ericsson.
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